Concept information
Preferred term
social discount rate
Definition
- The discount rate adjusts future benefits and future opportunity costs for accurate comparison with present values. Other entries for “Discounting the Future” and “Net Present Value” explain the mathematics of discounting to net present value. [Source: Encyclopedia of Business Ethics and Society; Social Discount Rate]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-FL5W8FMB-R
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